Active Listing  ·  6 days on market

1508 Ida Nell Pearson St

Leander, TX 78641
$349,000
3 Bed 2 Bath 1,748 sqft $200/sqft Built 2017 0.14 acres 2-Car Garage Pool Stewart Crossing

Welcome home to Stewart Crossing, where small-community charm meets everyday convenience! This inviting 3-bedroom, 2-bath home features a dedicated office, an open-concept living and dining space, and a thoughtfully designed kitchen with abundant storage, including a pantry and additional pantry storage closet. Step outside to enjoy the covered backyard entertaining area and private fenced yard, perfect for relaxing or hosting friends and family.

Enjoy the added value of fully paid-off solar panels, offering energy-conscious living without an outstanding solar loan. Ideally situated within walking distance of highly rated schools and just minutes from shopping, dining, and the growing Northline entertainment district. With the Hill Country lifestyle at your doorstep, approximately 30 minutes to Austin and 30 minutes to Lake Travis, this home offers the perfect balance of neighborhood charm, convenience, and accessibility.

At $200/sqft, this home is 13% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1508 Ida Nell Pearson St, Leander, TX 78641

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,748 sqft
Lot Size 0.14 acres (5,902.38 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stewart Crossing
County Williamson
Zip Code 78641
$/sqft $200/sqft
Days on Market ,
HOA $82.5/Monthly
Annual Tax Est. $7,095.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251993503
List Date November 6, 2026
Elementary School Pleasant Hill (Leander ISD)
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Pleasant Hill (Leander ISD) · Knox Wiley · Rouse

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1504 William Bee Dr
Stewart Xing Ph 1
$349,000 $200 3 bd / 2 ba 1,745 sqft , 2026-04-04
860 Water Hyacinth Loop
Crystal Crossing
$348,000 $148 3 bd / 2 ba 2,344 sqft , 2026-02-27
1106 Willow Creek Dr
Oak Ridge Sec 2
$327,900 $161 3 bd / 2 ba 2,032 sqft , 2026-09-09
420 Starlight Village Loop #17
Starlight Village Condos
$399,000 $281 2 bd / 2 ba 1,418 sqft , 2026-08-11
907 Ridgemont Cir
Ridgewood North
$425,000 $233 4 bd / 2 ba 1,827 sqft , 2026-11-03

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,675/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$69,800
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (assumed ~2.1%)−$611
Insurance (assumed ~0.5%)−$145
Est. Monthly Cash Flow $-986

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 7, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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